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  • Mark-up for the Expedited Line-Item Veto and Rescissions Act of 2011
    Posted in Speeches and Statements on December 15, 2011 | Preview rr
    Tags: Economy / Financial , Budget Process Reform

    The purpose of today’s meeting is to mark up the Expedited Line-Item Veto and Rescissions Act of 2011. I am proud to be here today marking up legislation that was written in a bipartisan way with my counterpart on this committee, the Ranking Member, Chris Van Hollen. Chris, I want to thank you and your hardworking staff for helping us advance this common-sense reform to improve government’s stewardship of taxpayer dollars. The Expedited Line-Item Veto and Rescissions Act gives the President an i... Read more

  • Expedited Line-Item Veto and Rescissions Act of 2011
    Posted in Speeches and Statements on November 30, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Mr. Speaker, I rise today to introduce the "Expedited Line-Item Veto and Rescissions Act of 2011" along with my friend and colleague House Budget Committee Ranking Member Chris Van Hollen of Maryland. The fiscal and economic challenges facing our nation are immense. In addition to the alarming budget deficit and painful jobs deficit, Washington's failure to tackle these challenges fuels a growing credibility deficit. For years, policymakers - in both political parties - have failed to serve as r... Read more

  • “Our Churchillian Moment”
    Posted in Speeches and Statements on November 12, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    I feel honored tonight for a special reason. Twenty-one years ago my mentor, the late Jack Kemp, was given the very first of these awards. And he loved receiving it. He loved to quote “Sir Winston,” along with his other political heroes, Abraham Lincoln and Thomas Jefferson. He admired these men because of their dedication to the power of ideas – especially the idea that human freedom and equality of opportunity were the greatest forces for good the world has ever known. Twenty-one years ago – ... Read more

  • Saving the American Idea: Rejecting Fear, Envy and the Politics of Division
    Posted in Speeches and Statements on October 26, 2011 | Preview rr
    Tags: Economy / Financial

    Thank you so much, Ed, for that kind introduction. We’re here today to explore the American Idea, and I can’t think of a better venue for this topic. The mission of the Heritage Foundation is to promote the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense. These are the principles that define the American Idea. And this mission has never been timelier, because these principles are very much under threat from polici... Read more

  • The Optimist’s Guide to Repeal and Replace
    Posted in Speeches and Statements on September 27, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Thank you very much for that introduction. It was kind of you to invite me – and not hold it against me that I steal so many ideas from you guys. It’s true. I steal monetary policy ideas from John Taylor, rule-of-law stuff from Richard Epstein… I even tried to steal some wit and humor from Peter Robinson during a taping of his show this morning, but I’m not sure that worked. If this speech falls flat – blame Robinson. I’m here today to talk about health care, which is a subject that I find it h... Read more

  • The Broken Budget Process: Perspectives from Former CBO Directors
    Posted in Speeches and Statements on September 21, 2011 | Preview rr
    Tags: Economy / Financial

    Welcome all, to this hearing. The purpose of today’s hearing is to highlight the need to reform our broken budget process. This summer, we got a first-hand look at how bad things have gotten. After a request from the President to increase the debt limit, Congress was seemingly faced with two impossible choices: Either hand the President a blank check to continue his unsustainable spending policies, or let America default. Fortunately, Congress was able to chart a middle course that coupled immed... Read more

  • Restoring the Rule of Law
    Posted in Speeches and Statements on September 15, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial , Education , Energy

    view video Thanks very much, Larry, for your kind introduction. It’s always a pleasure for me to speak to Hillsdale folks. Your mission here at the Kirby Center is a great example of what Hillsdale College is all about – that is, in the words of James Madison, “liberty and learning, each leaning on the other for their mutual and surest support.” In addition to those of you who’ve joined us today, I’m told that these remarks are being webcast live for the benefit of Hillsdale students back in Mi... Read more

  • The Need for Pro-Growth Tax Reform
    Posted in Speeches and Statements on September 14, 2011 | Preview rr
    Tags: Taxes, Economy / Financial

    Welcome all, to this important hearing. The purpose of today’s hearing is to highlight the need for pro-growth tax reform. Our economy is currently suffering from the reluctance of job creators to invest, expand, and hire workers in the United States. For several years, Washington has followed a now-discredited playbook: If businesses won’t invest, then the government should expand its reach. But letting the government pick winners and losers in the market only adds to the debt, wastes taxpayer ... Read more

  • Medicare and Social Security: The Fiscal Facts
    Posted in Speeches and Statements on July 13, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security

    Welcome to today’s hearing focused on our critical health and retirement security programs – specifically Medicare and Social Security. We welcome Rick Foster, Chief Actuary at the Centers for Medicare and Medicaid Services. Rick remains among the nation’s foremost experts on health care policy, and we remain grateful for his nonpartisan analysis and for his returning to testify before this committee. We are also fortunate to be joined by Stephen Goss, Chief Actuary for the Social Security Admi... Read more

  • The Future of Medicare: An Examination of the Independent Payment Advisory Board
    Posted in Speeches and Statements on July 12, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial

    Thank you to all for taking part in today’s hearing on the future of Medicare. For years, politicians in both political parties have not been honest with the American people about Medicare. The facts are clear: Health care costs are skyrocketing, growing at 8% a year. Medicare spending is on pace to double over the next decade, exhausting its remaining funds. 10,000 baby boomers are retiring every day, as fewer workers are left paying into the program. Life expectancy was at 70 when Medicare wa... Read more